I would like to have a position in American Express but i am not willing to enter at these prices above 250 $ (currently trading @ 258,95).
Visa is trading at P/E ratio of 23 while Amex is trading at 18ish. I would like to buy Amex @200 and therefore sold puts. From October till to the begin of December this stock is also supported from seasonal aspects.

Time will tell the story.

